COMBI-KURK: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
COMBI-KURK
Largest movements
- Tangible fixed assets -€6,884
down €6,884 (-13.0%), from €52,929 to €46,045
of which Furniture and vehicles: -€6,883
- Stocks and contracts +€6,119
up €6,119 (+69.1%), from €8,853 to €14,972
- Reserves -€7,021
down €7,021 (-3.8%), from €182,570 to €175,549
- Trade debts +€5,015
up €5,015 (+86.6%), from €5,793 to €10,807
- Other debts -€3,289
down €3,289 (-83.4%), from €3,946 to €657
- Tax, wage and social debts +€2,454
up €2,454 (+29.9%), from €8,217 to €10,671
of which Taxes: +€2,423
- Gross operating margin +€7,626
up €7,626 (+95.2%), from -€8,011 to -€385
- Depreciation -€4,623
down €4,623 (-40.2%), from €11,508 to €6,885
- Financial income +€3,812
up €3,812 (+4775.0%), from €80 to €3,892
- Other operating charges -€468
down €468 (-14.6%), from €3,197 to €2,729
- Financial charges +€353
up €353 (+168.4%), from €210 to €563
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €212,921 | €210,080 | -€2,841 | -1.3% |
| Fixed assets | 21/28 | €52,929 | €46,045 | -€6,884 | -13.0% |
| Tangible fixed assets | 22/27 | €52,929 | €46,045 | -€6,884 | -13.0% |
| Land and buildings | 22 | €29,845 | €29,845 | +€0 | 0.0% |
| Plant, machinery and equipment | 23 | €0 | - | -€0 | |
| Furniture and vehicles | 24 | €23,083 | €16,200 | -€6,883 | -29.8% |
| Current assets | 29/58 | €159,992 | €164,035 | +€4,042 | +2.5% |
| Stocks and contracts in progress | 3 | €8,853 | €14,972 | +€6,119 | +69.1% |
| Stocks | 30/36 | €8,853 | €14,972 | +€6,119 | +69.1% |
| Amounts receivable within one year | 40/41 | €18,015 | €17,890 | -€125 | -0.7% |
| Trade receivables | 40 | €18,015 | €17,144 | -€871 | -4.8% |
| Other amounts receivable | 41 | - | €746 | +€746 | |
| Current investments | 50/53 | €50,000 | €49,630 | -€370 | -0.7% |
| Cash at bank and in hand | 54/58 | €83,124 | €81,542 | -€1,582 | -1.9% |
| Total equity and liabilities | 10/49 | €212,921 | €210,080 | -€2,841 | -1.3% |
| Equity | 10/15 | €194,965 | €187,944 | -€7,021 | -3.6% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €182,570 | €175,549 | -€7,021 | -3.8% |
| Distributable reserves | 133 | €182,570 | €175,549 | -€7,021 | -3.8% |
| Amounts payable | 17/49 | €17,956 | €22,136 | +€4,180 | +23.3% |
| Amounts payable within one year | 42/48 | €17,956 | €22,136 | +€4,180 | +23.3% |
| Trade debts | 44 | €5,793 | €10,807 | +€5,015 | +86.6% |
| Suppliers | 440/4 | €5,793 | €10,807 | +€5,015 | +86.6% |
| Taxes, remuneration and social security | 45 | €8,217 | €10,671 | +€2,454 | +29.9% |
| Taxes | 450/3 | €3,626 | €6,049 | +€2,423 | +66.8% |
| Remuneration and social security | 454/9 | €4,591 | €4,622 | +€31 | +0.7% |
| Other amounts payable | 47/48 | €3,946 | €657 | -€3,289 | -83.4% |
| Non-recurring operating income | 76A | €2,548 | - | -€2,548 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,508 | €6,885 | -€4,623 | -40.2% |
| Other operating charges | 640/8 | €3,197 | €2,729 | -€468 | -14.6% |
| Non-recurring operating charges | 66A | €126 | €53 | -€73 | -58.0% |
| Gross operating margin | 9900 | -€8,011 | -€385 | +€7,626 | +95.2% |
| Operating profit (loss) | 9901 | -€22,842 | -€10,051 | +€12,791 | +56.0% |
| Financial income | 75/76B | €80 | €3,892 | +€3,812 | +4775.0% |
| Recurring financial income | 75 | €80 | €3,892 | +€3,812 | +4775.0% |
| Financial charges | 65/66B | €210 | €563 | +€353 | +168.4% |
| Recurring financial charges | 65 | €210 | €563 | +€353 | +168.4% |
| Profit (loss) for the period before taxes | 9903 | -€22,972 | -€6,722 | +€16,250 | +70.7% |
| Income taxes | 67/77 | €504 | €299 | -€205 | -40.6% |
| Profit (loss) for the period | 9904 | -€23,476 | -€7,021 | +€16,455 | +70.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,476 | -€7,021 | +€16,455 | +70.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.